... increase in Russia's maritime diesel and fuel oil shipments. Thus far, there are no major issues with exporting Russian diesel. However, energy expert Kirill Rodionov notes potential medium-term risks for Russian diesel exporters, particularly due to China’s increased use of liquefied natural gas (LNG) for heavy road transport. From January to May 2024, sales of LNG-powered heavy trucks in China rose by 127% year-on-year to 92,600 units. The share of LNG-powered trucks in the total heavy truck market ...

... receded. Shares of major automakers (Volkswagen, BMW, Stellantis) surged on news of the compromise, as the risk of 25–70% tariffs on car exports to the U.S. was lifted. However, uncertainty in global trade remains – negotiations between the U.S. and China as well as other partners are ongoing, and European businesses are still accounting for the possibility of new barriers in the future. The eurozone economy stagnated in Q2 (~+0.1% q/q), and inflation decreased to ~3% (core ~3.5%). The European Central ...

... surge, current oil prices are still 10–15% below levels from a year ago, reflecting a market correction following peaks during the energy crisis of 2022–2023. Investors are also monitoring external economic signals: negotiations between the U.S. and China regarding trade disputes are ongoing, and the U.S. Federal Reserve did indeed keep rates unchanged following its meeting on July 30. Soft monetary conditions combined with the resolution of trade disagreements may support fuel demand in the latter ...

... with the EU, the US is pursuing an active external energy policy . In recent weeks, Washington has also concluded trade agreements with several Asian countries (Japan, Indonesia, the Philippines) and is seeking an extension of the tariff truce with China while limiting oil imports from Russia and Iran. All these initiatives aim to reshape global energy supply chains, strengthen the positions of American exporters, and further weaken Russia’s role in the global market. Together, geopolitical factors ...

... to expand its sanctions campaign: President Donald Trump previously signed an order imposing a 50% import tariff on goods from India in response to New Delhi’s procurement of Russian oil. Washington is now threatening to extend similar measures to China, with the U.S. Treasury Department openly considering a 100% tariff on all exports from China to the U.S. as punishment for ongoing purchases of Russian oil by Chinese companies. This "carrot and stick" strategy, balancing tough sanctions ...